Procurement Intelligence Software
for the manufacturing industry
We have developed a high-powered, innovative procurement intelligence software based on decades of industry experience. Our software is tailored to the needs of manufacturing companies.
The complexity keeps increasing.
Problem
As global procurement managers working in the automotive industry, we were frustrated with all the data management and reporting our teams had to do on a daily basis. We found many tools on the market to digitize the operational purchasing, but what about software solutions to manage the strategic spend? What about tools that go below the surface, on a cost break down level and with a bottom-up approach, while not losing the focus on what needs to be accomplished? The complexity keeps increasing, yet we are using most of the same tools we had 15 to 20 years ago.
We reinvented the strategic procurement software.
Solution
We started to put a team together of established software developers, designers and purchasing professionals. With extensive product development and through many workshops, brainstorming sessions, and industry feedback, we developed a product that is both unique and innovative. We created a strategic procurement software that can be tailored to each company, that empowers each purchasing professional and supports each user to manage their strategic spend more effectively and more efficiently than ever before.
Our goal: build an innovative procurement solution.
Along with a global team of driven, creative software developers, our mission is to help solve global manufacturing companies' common pain points. Based on our own extensive global automotive purchasing experience, we understand unstructured and disrupted data sets, ambitious cost-saving-targets and complex global markets. Using our software solution, customers can manage their spend strategically to gain full transparency, insights into new value-delivery-opportunities and stay on top of ever changing markets.
Procurement know-how meets AI
Experience
Based on our extensive strategic procurement background, we established a very well understanding of the real challenges global procurement organizations have to tackle. That gives us the ability to innovate solutions addressing problems at its roots.
Innovation
The procurement software landscape is constantly evolving. New technologies are emerging to streamline processes, increase efficiency and cost-effectiveness. ivoflow leverages and integrates those solutions to keep your procurement organization ahead of time.
Global Network
ivoflow has established a solid network of global partners, clients, and consultants. We can gain access to critical information ahead of time to provide our clients with the best solutions and experience possible.
ISB als Investor
Die Investitions- und Strukturbank Rheinland-Pfalz (ISB) hat sich am Stammkapital unseres Unternehmens beteiligt. Die Beteiligung erfolgte im Rahmen einer Fördermaßnahme des rheinland-pfälzischen Ministeriums für Wirtschaft, Verkehr, Landwirtschaft und Weinbau. Ausschlaggebend für die Beteiligung war das erfolgversprechende Unternehmenskonzept, das auf nachvollziehbaren Wachstumsperspektiven und hohen Wertschöpfungspotenzialen basiert. Nicht zuletzt können Unternehmen aller Branchen und Größe von der ivoflow-Software profitieren.
Meet the Leadership Team
Our team is customer-focused, value-oriented, and believes anything is possible. We bring together extensive procurement experience and latest software technology.
Daniel Demuth
Nicolas Neubauer
Adrian Hommen
Michael Forster
Julia Klein
Marc Wilczek
Winner of the 2022 and 2023 ProcureTech Advanced Analytics Accelerator.
ivoflow was named the winner of the 2022 and 2023 Advanced Analytics Accelerator with Walmart and Jaguar Land Rover. The ProcureTech ACCELERATOR is a fast-track program for innovative, digital procurement solutions to connect, collaborate and co-create with the world’s leading corporates. Solving enterprise digital challenges using collective intelligence and experience to propel the next generation of digital procurement solutions.
ivoflow was nominated out of a selection process that included 30+ solution providers.
We look forward to an exchange.
With potential partners, investors or other stakeholders.
Are you interested in a partnership or would you like to find out more about ivoflow, the software and founding a company? We look forward to hearing from you.
